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Free AccessTECHS:(H9) Upside Potential *RES 4: 132.88.....>
BTPS: TECHS:(H9) Upside Potential
*RES 4: 132.88 High May 28 (continuation chart)
*RES 3: 129.97 High Jul 19 (continuation chart)
*RES 2: 129.81 High Jan 31
*RES 1: 128.30 High Feb 4
*PREVIOUS CLOSE: 127.95
*SUP 1: 126.53 Low Feb 15
*SUP 2: 125.23 Low Feb 8
*SUP 3: 122.61 Low Dec 18 (continuation chart)
*SUP 4: 119.27 Low Nov 20 (continuation chart)
BTPs futures consolidated Friday's gains in yesterday's quiet session, allowing
bulls to now focus on the Feb 4 high at 128.30 ahead of the key Jan 31 high at
129.81. Above here would improve the bigger picture outlook and open the July 19
high at 129.97. Bears look to take out Friday's low at 126.53 to reignite
downside momentum. Below here would put the Feb 8 low at 125.23 under pressure.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.